Saint Paul homeowners feeling the bureaucratic pain:
Andrew Dick is trying hard to make sense of the situation he’s in.
He bought a vacant, dilapidated house on St. Paul’s East Side with the intention, and the means, to fix it up and sell it. He has a track record, a plan and money in the bank.
What he might end up with, though, is a hole in the ground and a bill. According to a recently adopted city ordinance, he shouldn’t have been allowed to buy the property, which is heading down the path to demolition.
And yet – it’s a perfectly good house?
Too bad Mr. Dick isn’t a non-profit; it seems they can get a hold of vacant houses:
I recent had a chance to hear Sheri Pemberton of Planning and Economic Development (PED) tell the Fort Road Federation what the city wants to do with all this. The first order of business is to characterize the pockets of vacant and foreclosed homes into places where the market is still working, starting to falter, or has totally broken down. The latter is where you find empty blocks and houses being offered for $40k or less. The strategies to deal with these are based on saving houses where the market is working and creating a new market where there is none now.
In other words, it could very well be that Mr. Dick’s attempted reno just isn’t policy.
Too bad he didn’t read Shot In The Dark last summer. As the supply of vacant homes skyrockets, Saint Paul is choking down on the rules involved in occupying them. (Read the whole series: Part I, Part II, Part III, Part IV, Part V).